By Taiye Olayemi Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, says bold economic reforms by the Federal Government are beginning to yield early results and will bring lasting prosperity. Bagudu, who was represented by Mr Felix Okonkwo,Continue Reading
By Taiye Olayemi The Chairman of the Nigerian Economic Summit Group (NESG), Mr Niyi Yusuf, on Tuesday said that Nigeria must embrace a new wave of bold and structural reforms to ensure sustainable growth and prosperity. Yusuf said this at a news conference ahead of theContinue Reading
By Taiye Olayemi The Nigerian stock market bounced back on Monday, wiping out three straight sessions of losses as investors regained N60 billion in value in a single day. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N91.501 trillion, increased by N60 billion or 0.07 per centContinue Reading
By Okeoghene Akubuike The Infrastructure Concession Regulatory Commission (ICRC) has issued guidelines to govern the development and implementation of all Public-Private Partnership (PPP) projects in Nigeria. The move, the News Agency of Nigeria (NAN) reports, is in a bid to overhaul Nigeria’s infrastructure delivery processes through PPPs. Dr Jobson Ewalefoh,Continue Reading
By Lucy Ogalue The Nigeria Export Processing Zones Authority (NEPZA) and the National Drug Law Enforcement Agency (NDLEA) are strengthening their collaboration to enhance oversight and ensure compliance within the country’s Free Trade Zones (FTZs). Dr Olufemi Ogunyemi, Managing Director/Chief Executive Officer of NEPZA, said this during a meeting withContinue Reading
By Taiye Olayemi The Nigerian Insurers Association (NIA) on Monday inaugurated its 2025 Innovation Lab, a facility designed to accelerate digital solutions and reshape insurance practice in the country. Speaking at the launch in Lagos, NIA Chairman, MrContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has begun the review of the revenue allocation formula, to produce a fair, just and equitable revenue sharing formula for the nation. Dr Mohammed Bello, Chairman of the commission, announced this at a news conference on Monday in Abuja.Continue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate eased further to 21.88 per cent in July 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for July 2025, which was released in Abuja on Friday. According to the report,Continue Reading
By Nana Hauwa Musa The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Nigerian economy is experiencing consistent growth within the context of global developments and ongoing domestic reform programmes. Edun said this at a news conference to provide update on the economy, inContinue Reading
By Martha Agas The non functional Ajaokuta Steel Company Limited (ASCL) is costing the country more than N1 billion annually in pensions, salaries, taxes, and administrative costs. Prof. Linus Asuquo, Director-General (D-G) of the National Metallurgical Development Centre, Jos, stated this in his presentation at a panel discussion at theContinue Reading
